Company Valuation: NACON

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 620.4 470.9 189.3 112.3 64.33 8.35 - -
Change - -24.09% -59.81% -40.66% -42.72% -87.02% - -
Enterprise Value (EV) 1 578.5 481.3 256.5 197.5 168.3 116.7 125.4 115.4
Change - -16.8% -46.7% -23.01% -14.77% -30.66% -5.61% -7.98%
P/E 34.8x 45.5x 15.6x 6.74x -59.5x -1.4x - 7.7x
PBR 2.95x 2.06x 0.79x 0.43x 0.18x 0.02x -0.08x -0.08x
PEG - -1.1x 0.9x 0.2x 1x -0x - -
Capitalization / Revenue 3.49x 3.02x 1.21x 0.66x 0.38x 0.08x 0.05x 0.05x
EV / Revenue 3.25x 3.09x 1.64x 1.16x 1x 0.73x 0.76x 0.68x
EV / EBITDA 9.59x 10.8x 5.25x 2.79x 2.82x 2.21x 2.12x 1.94x
EV / EBIT 17.7x 25.3x 15.9x 9.45x 153x -23.8x 28.5x 25.1x
EV / FCF -826x -19.3x -7.75x -25.7x -11x -15.5x 13.1x 11.3x
FCF Yield -0.12% -5.19% -12.9% -3.89% -9.09% -6.44% 7.66% 8.84%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 0.21 0.12 0.14 0.19 -0.01 -0.055 - 0.01
Distribution rate - - - - - - - -
Net sales 1 177.9 155.9 156.4 170.7 167.9 160.8 165 170
EBITDA 1 60.3 44.6 48.9 70.9 59.6 60.05 59.2 59.5
EBIT 1 32.6 19 16.1 20.9 1.1 -4.9 4.4 4.6
Net income 1 18.2 10 12.8 17.5 -1.3 -366.1 -0.1 0.5
Net Debt 1 -41.9 10.4 67.28 85.2 104 104.2 117 107
Reference price 2 7.3100 5.4600 2.1800 1.2800 0.5950 0.0770 0.0770 0.0770
Nbr of stocks (in thousands) 84,869 86,248 86,818 87,746 108,124 108,444 - -
Announcement Date 5/31/21 A 5/30/22 A 5/30/23 A 6/3/24 A 6/2/25 A 7/20/26 A - -
1EUR in Million2EUR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.99x9.22x15.06x0.79% 3,651B
111.07x48.29x78.37x-.--% 407B
59.22x12.51x26.39x-.--% 78.38B
399.34x17.09x67.55x-.--% 80.89B
99x8.45x21.41x-.--% 75.36B
36.67x1.8x14.38x-.--% 66.58B
179.63x5.71x22.07x-.--% 44.99B
114.6x4.53x22.14x-.--% 39.48B
26.44x5.45x26.14x-.--% 34.89B
Average 116.77x 12.56x 32.61x 0.09% 497.64B
Weighted average by Cap. 43.95x 12.74x 22.28x 0.65%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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